Free Markets are marketplaces that name their own price
Yes, the US has free markets.
No system has ever been based on truly free markets.
Resource markets and product markets are the two payments int he free market circular flow model. Both of these markets are for businesses and households.
A local farmers' market, a flea market, stock markets
True
Free markets.
Competition
Free enterprise system
I would like to know
free trade
free trade
No, Lenin was a socialist who believed that the government should control all markets. He was a dedicated anti-capitalist and against free markets because they are exactly what capitalism needs to work. It was very surprising therefore when Lenin instituted his New Economic Policy" which reintroduced free markets in the agricultural section of the economy.